Kuehne+Nagel commits to ship 40,000 TEUs on biofuel
Kuehne+Nagel has committed to shipping 40,000 TEUs on biofuel after securing the equivalent volumes of a waste-based...
ONE part of consortium bidding for Seaspan owner, Atlas Corp.
Ocean Network Express (ONE) is part of a consortium bidding to take Atlas Corp., owner of Seaspan Corp., private. Atlas...
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While many economies in Southeast Asia struggle, Vietnam’s GDP grew 6.5% year-on-year in the first nine months of 2015. The country is expected to be one of the best performers this year among the major Asian economies. (Photo: Timo Balk)
Vietnam’s economy brings carrier boom
Amid struggling economies in Southeast Asia, Vietnam’s GDP grew 6.5% year-on-year in the first nine
Yang Ming adds 11,000 TEU vessel to Transpacific service
Yang Ming Marine Transport Corp. (Yang Ming) will be adding another new 11,000 TEU class container vessel to its...
WorldACD: Air cargo tonnages stabilize but rates continue to soften
Global air cargo flown tonnages have stabilized in the last two weeks of July after dropping significantly in the first...
Korean Air expects to add air cargo capacity through belly space as more passenger flights resume
Korean Air expects to add more air cargo capacity in the second half as the airline reinstates more passenger flights....
Schedule reliability improves to 40% in June
Global schedule reliability improved in June bucking the declining trend since the start of the year, according to a...
China-Europe freight train services see a sharp rise in July
China-Europe freight train services reported robust growth in July as supply chain issues pushed more goods to rail....
Atlas Air to be acquired by Apollo-led group for US$5.2B
Atlas Air Worldwide (Atlas), announced that it has entered into a definitive agreement to be acquired by an investor...
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Western Global launches from MIA2
Miami International Airport's appeal for cargo operators resulted in Western Global Airlines launching flights from the airport late last year with MD-11F charter operations to Latin America. (Photo: Miami-Dade Aviation Department)
Despite financial woes, Asia/LatAm air freight traffic shows ‘good growth’
Air freight between Asia and South America seems to be holding its own, despite numerous setbacks
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Nippon Cargo Airlines has cancelled orders for four Boeing 747-8s worth about US$1.5 billion. (Photo: Boeing/Tim Stake)
Cancellation puts 747-8 future in doubt
Can the world afford a 140-ton freighter with a price tag north of US$300 million? The viability of
Shahid Rajaee Port Visit 2015
A group of businessmen and investors from China visit the Shahid Rajaee Port Complex in Bandar Abbas, Iran, in this January 2015 photo. (Photo: Shahid Rajaee Port Complex)
Lines set to pick up on Iran trade potential
With the recent lifting of economic and trade sanctions on Iran, a number of international
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